Join hosts Paul Stevenson, David Warren, and Greg Campbell in this episode as they delve into the current state of Ottawa's real estate market and economic factors impacting the industry. They discuss the challenges faced by businesses, the influence of interest rates on construction and renovations, and the effects of U.S. economic shifts on Canadian mortgages. The trio also explores the role of family financial assistance in home buying and increasing generational inequality. With rates fluctu...
Oct 09, 2024•35 min•Ep. 193
Tune in to the latest episode of the Ottawa Real Estate Podcast as hosts Paul Stevenson and David Warren discuss critical topics in the world of real estate and mortgages. This week, they explore the myths and realities of mortgage financing for retirees, the impact of market strategies like pricing below market value, and the implications of recent policy changes by OSFI. They'll also delve into a major new development project proposed by Sobeys in Orleans and analyze the slowing growth of Cana...
Oct 02, 2024•41 min•Ep. 192
Join hosts Paul Stevenson, David Warren, and Greg Campbell as they dive into the latest trends and insights in Ottawa's real estate and mortgage markets. This episode discusses the current state of townhome availability, fluctuating mortgage rates, and the shift towards returning to the office in Ontario and Nova Scotia. They also explore the impact of these changes on urban and suburban housing markets. Don't miss the expert analysis, engaging discussions, and answers to listener questions abou...
Sep 25, 2024•33 min•Ep. 191
The Ottawa Real Estate Podcast returns! We’ve updated the flow of the show to bring you more consistent top notch real estate knowledge on the Ottawa and Canadian markets. In this episode of The Ottawa Real Estate Podcast, hosts Paul Stevenson, Greg Campbell, and David Warren discuss recent government changes impacting the Ottawa housing market, including extended 30-year amortizations for first-time homebuyers. They delve into the implications for monthly payments and housing demand. The team a...
Sep 18, 2024•39 min•Ep. 190
The Ottawa Real Estate Podcast returns! We’ve updated the flow of the show to bring you more consistent top notch real estate knowledge on the Ottawa and Canadian markets. 00:00 Intro 07:44 In the News 16:55 Latest Rates 24:02 Market Stats 37:59 This Week’s Definition: Open Term 40:34 Mood Boosts and Outro Links from this episode: Get in touch with us! Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543 https://www.paulstevenson.ca David Warren - Referral M...
Sep 11, 2024•44 min•Ep. 189
We need your feedback to make the show better! https://docs.google.com/forms/d/e/1FAIpQLSfqz49wYU77sASITlvpCJDyv_cupf1AeC26LmA6FGylvo4-xA/viewform The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. It’s time for our summer break, we take a minute to talk about the recent rate cuts from BOC and what we’re seeing in the market. The Ottawa Real Estate Podcast returns the first week of...
Jul 31, 2024•26 min•Ep. 188
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week TOREP discusses the apparent market stalemate with sellers looking for top dollar and buyers happy to wait them out, and we look ahead to what the market could resemble in 6 to 12 months. 00:00 Intro 02:13 Market Stalemate and Rate Anticipation 16:55 Looking Ahead 6-12 Months 31:10 Mood Boosts and Outro Get in touch with ...
Jul 24, 2024•34 min•Ep. 187
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. Paul and Greg discuss rates, what they’re seeing in the Ottawa market, how to get more house for your money and strange new build floorplans. 00:00 Rates and Approvals 15:13 Considering Arnprior 19:44 New Build Layouts 26:39 Mortgage Renewal Pains 30:15 Steps to Taken When Renewing Your Mortgage 36:58 Mood Boosts and Outro Get in t...
Jul 17, 2024•40 min•Ep. 186
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. Inventory in Ottawa is at levels not seen since 2018, stats from June are in, we discuss a change in government and whether or not it will have an immediate effect on house prices, and we discuss Vancouver’s Vacant Unit Tax that will likely come to Ontario soon. 00:00 Inventory Shifts to a Solid Buyer’s Market 08:09 Stats from June...
Jul 10, 2024•38 min•Ep. 185
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. The market is busy, but my buyers are still waiting for a rate drop miracle to push them towards home ownership, massive numbers of mortgages are set to renew and retail struggles enter the limelight. 03:50 Market Status 09:40 Viewer Comments 21:15 Trainyards Enters Receivership 26:00 Busy Summer is Here 37:45 Mood Boosts and Outro...
Jul 04, 2024•40 min•Ep. 184
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. In this week’s episode we discuss what we’re seeing day to day in the industry, how buyer’s in tough situations are overlooking equity in their homes and the frightening reality of fake realtor scams appearing in our region. 0:00 Addressing Youtube Comment 09:35 Views from the Ground 18:10 On Equity 25:08 Ottawa Fake Realtor Scam 3...
Jun 26, 2024•42 min•Ep. 183
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week, weird tales of a strange market, a slow spring market may be ramping into a scorching summer season in Ottawa, housing starts rise and homeowners are left in the wings while the city and a developer battle over infrastructure. 0:00 Weird Mysteries in Real Estate 09:03 Insured Mortgages Way Down 11:37 Slow Spring Market 1...
Jun 19, 2024•27 min•Ep. 182
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. Dive into the thrilling world of Canadian real estate with The Ottawa Real Estate Podcast! It zooms in on the latest shake-ups in mortgage rates and takes you on a exploration of the pressing affordability crisis. Plus, it uncovers the pile-up of cases at the provincial landlord-tenant board. Tune in to get a gripping, all-encompas...
Jun 12, 2024•40 min•Ep. 181
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. Did the rates drop? We discuss what’s likely to happen if they did, plus Ottawa shows strong market numbers, we discuss the new 10 cooling off period for new builds and the advent of AI tools in underwriting and assessments from banks. 04:31 Market Volatility and Impending Rate Drops 19:45 Ottawa Showing Strong Market Numbers 22:06...
Jun 05, 2024•37 min•Ep. 180
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week we’re joined by Michele and Natalie of Guertin Poirier Avocates/Lawyers to talk about how they’ve seen the real estate law landscape change over the recent tumultuous years. https://guertinpoirierlaw.ca/ 2:08 - Bank Quarterly Updates 6:15 Cottages Being Sold Off Due to Capital Gains Tax 11:16 Challenging Files 36:55 Devel...
May 29, 2024•46 min•Ep. 179
Is Ottawa killing the Housing Market? In this episode of the Ottawa Real Estate podcast, the hosts discuss various topics related to real estate and taxation in Canada. They touch on the new rule that requires Canadian tenants to withhold 25% of their rent if their landlord is a foreign resident, the impact of the Canadian inflation rate on interest rates, and the increase in capital gains tax. The hosts also talk about the record number of construction workers in Canada and the discrepancy betw...
May 22, 2024•33 min•Ep. 178
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week on the Ottawa Real Estate Podcast, we hear stats from OREB and across the city, some stories from clients that have let credit and mortgages get away from them and discuss rates maybe not coming down for quite some time. 04:16 Paying on your own terms 11:19 OREB Stats 17:10 Out of Control Amortization 22:38 Ottawa City St...
May 15, 2024•29 min•Ep. 177
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and Centum and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. New time same great content. This week we discuss Ontario’s 2024 Provincial Budget and housing targets. A potential 180 on the changes to capital gains from the federal government and reports showing a large portion of the country waiting on the sidelines ofr low rates to return. 03:52 Provincial Budget 16:11 Capital Gains 18:42 Bu...
May 08, 2024•37 min•Ep. 176
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week we’re joined by Niagara region realtor Jon Flynn who brings a wealth of statistical knowledge to our program. We discuss the new housing targets, large price shifts since 2017 and what really makes a home affordable. Follow Jon on X @JonFlynnREstats Check out Jon’s Youtube Channel for more great content: https://www.youtube.com/@jon...
Apr 30, 2024•48 min•Ep. 175
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. We're joined by special guest Adam Schacter to discuss his perspective on the recent federal budget announcement. 04:32 Capital Gains 11:45 Impact on Investment Properties 18:20 Wealth Tax 21:57 Rates 32:23 Market Update from Greg 40:58 Mood Boosts and Outro Get in touch with us! This Week's Guest: Adam Schacter - Embark Wealth and Designed S...
Apr 23, 2024•44 min•Ep. 174
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. It’s Federal Budget Eve and the Liberals have announcements a plenty. We discuss trends in the local market, new federal announcements, the effect of newly held rates from the Bank of Canada and more. 01:29 Market Stats 07:53 Federal Housing Announcements 11:12 Bank of Canada Holds Rates 17:34 More Federal Announcements 28:42 Mood Boosts and ...
Apr 16, 2024•33 min•Ep. 173
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. We react to recent federal housing announcements, Greg delivers some Ottawa stats from March and we discuss the ever decreasing affordability in Canada. 01:29 Market Stats 07:51 Increase in Home Value 11:27 Federal Housing Announcements 20:56 Renters Bill of Rights 29:14 Mood Boosts and Outro Get in touch with us! Paul Stevenson - Mortgage Ag...
Apr 09, 2024•33 min•Ep. 172
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. It’s mortgage week as Paul and Dave speak to several mortgage and builder centric headlines and what they’re seeing in the city. https://linktr.ee/cortezandbrooke 04:20 US Keeps Printing Money 06:03 OSFI is Busy 22:44 B.O.C Surveys 25:59 Ottawa Building Rentals 31:08 Mood Boosts and Outro Get in touch with us! Paul Stevenson - Mortgage Agent ...
Apr 02, 2024•33 min•Ep. 171
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. We’re joined by Brooke Hicks and Cortez Renieri from the Canadian Real Estate Homefront Podcast to discuss their markets in the GTA , Canada’s rent issues, market projections and more. https://linktr.ee/cortezandbrooke 02:00 Brooke and Cortez Join Us 07:50 The GTA Market 21:38 The Price of Rent 24:44 2024 Projections 34:39 Assignments 47:21 M...
Mar 26, 2024•51 min•Ep. 170
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week: Kanata stats, rental increases in February, title fraud and the USA’s new commission rules. 04:41 Kanata Stats and Market Impressions 18:47 Rents Increase 23:36 Title Fraud 30:40 New US Commission Rules 40:48 Mood Boosts and Outro Get in touch with us! Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-61...
Mar 19, 2024•44 min•Ep. 169
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. This week we discuss the unchanged BOC rates, sales increasing and Greg recounts his recent closing issues. 04:34 Open Houses 07:33 Rates 14:07 Sales Increase in Metro Areas 21:27 Greg’s Closing Woes 31:12 Mood Boosts and Outro Get in touch with us! Paul Stevenson - Mortgage Agent Level 2 Email: paul@paulstevenson.ca Phone: 1-613-263-4543 Dav...
Mar 12, 2024•34 min•Ep. 168
The Ottawa Real Estate Podcast is sponsored by Guertin Poirier Law and brought to you by Referral Mortgages, PaulStevenson.ca and The Campbell-Maric Group. Luka Maric of the Campbell-Maric Group joins us this week to talk tough closings, builder’s walking off the jobsite and a serious lack of sub 500k homes in Canada. 02:41 Market Talk 11:25 First TIme Homebuyer Incentive Gets Canned 16:05 Difficult Closings 23:47 Builder’s Walking 28:30 No More Sub 500k Homes 31:29 Mood Boosts and Outro Get in ...
Mar 05, 2024•33 min•Ep. 167
This week we’re joined by Alfonso Salemi from JAAG Rent to Own to discuss their business of offering rent to own housing solutions. We also discuss new outlooks for 2024 regarding inflation and potential rate cuts and share some valuable resources for rental properties across the country. 08:01 Inflation Looking Good 12:06 Alfonso Joins Us 29:22 Rental Resources 32:25 Mood Boosts and Outro Vote for us in the Podcast category for TheOttawa Faces Magazine Awards 2024: https://facesmag.ca/awards/#/...
Feb 27, 2024•35 min•Ep. 166
Paul and Dave bring us some takeaways from a recent mortgage professionals symposium, January sales have increased year over year , Canadians choosing mortgages over essential spending and how the rent got so high. 01:50 Mortgage Professionals Canada Symposium 08:59 January Home Sales Are Up 17:02 Canadians Choose Mortgages over Essentials 23:52 New All Time High for Rent in Canada 32:45 Mood Boosts and Outro Vote for us in the Podcast category for TheOttawa Faces Magazine Awards 2024: https://f...
Feb 20, 2024•37 min•Ep. 165
The rate cut’s have seen their shadow, we need more homes than previously thought, new federal rent programs and more, it’s the Ottawa Real Estate Podcast. 04:50 Ottawa Stats and Market Thoughts 11:04 Actually We Need 5 Million Homes 16:24 Rate Forecast Sees It’s Shadow 23:14 Canadian Dwellings 24:21 Chateau Montebello 27:06 Feds New Rental Package 28:56 Mood Boosts and Outro Vote for us in the Podcast category for TheOttawa Faces Magazine Awards 2024: https://facesmag.ca/awards/#/gallery/418960...
Feb 13, 2024•32 min•Ep. 164